Syncora Holdings Ltd. (fka SYCRF)

[snowball12]

Irish, Why did security capital assurance write too much high risk policies in the first place, that continue to threaten its existence? Five years after the melt down this management team is opaque about the future of the company. What is/will be the costs of years of litigation? Of not writing new business? Of continuous uncertainty? I don't think they have or are doing a good job at all. What are they doing beside hiring lawyers. And it is highly questionable if they ever had/have any plan or intention to enhance PPS for common shareholders. My guess eventually we will hear of a few more lawsuits filed, a more years of litigation. And even if JPM loses they will appeal. JMHO.